Turkish Property Market in 2018
The real estate market is like a wave, it is up and down for some periods. the important point is that if you are buying when the waves are down. so the question is how about the property market in Turkey now?
The property market suffered badly due to Syria and Financial things however this is good news for those who would like to buy property in Turkey. The property buyer gets incredible bargains while they are buying property in Turkey. This was a similar situation some years ago in Spain the buyers earn a significant amount of money now.
Generally, the price is 30% cheaper in Turkey compare to Spain and in 2016 the prices go up in Spain because the European buyer chose Spain due to the war in Syria. The price goes down in Turkey due to insufficient requests. Especially in holiday destination which is mostly Europeans, buyers were requested. the property market in Turkey, Istanbul didn’t affect at first glance cause many investors from many different counties especially Saudi Arabia and Qatar are buying from Istanbul. So you can buy your property at half price compared to Spain now.